Nevada on line casino operators skilled a large income lower in February.
According to numbers from the Nevada Gaming Control Board, income dropped 9.3% year-over-year to $1.22 billion. During the identical month in 2024, Nevada casinos received $1.34 billion.
It was a drastic shift after Silver State operators skilled a growth in January.
That drop pushed numbers for the present fiscal yr, which runs from July 2024 via June 2025, down as nicely, with an general lower of simply over 1.1%.
The income figures in Clark County, dwelling to Las Vegas, had been particularly stark. The county noticed income of $1.06 billion, a 9.7% p.c slide from February 2024.
Once once more, high-stakes baccarat performed a serious function. Baccarat income fell greater than 51%, leading to general desk sport income slipping greater than 22%.
Baccarat numbers significantly affected on line casino income on the Las Vegas Strip, with a 13.8% gaming income drop to $690.2 million. Table sport income dropped 26.5% general to $308.4 million. Slot machines noticed a slight bump of 0.3% to $381.9 million.
The gaming income decline aligns with the lodge room occupancy charges for February. According to the Las Vegas Convention and Visitor Authority, whole lodge occupancy fell 3.4%.
Weekend occupancy was down much more, dropping 3.9%. A serious lower of 19.5% in conference attendance might also have affected the numbers.
Other components of Las Vegas additionally noticed income declines, however not as considerably because the Strip. Downtown Vegas income was down 4.9% to $72.5 million. North Las Vegas fell 2.7% to $23.1 million, whereas the Boulder Strip slid 1.3% to $74.7 million.
There had been a number of shiny spots in Clark County. Mesquite was up 2.8% to $16.5 million and Laughlin rose 0.4% to $42.2 million.
Other components of the state echoed the general downward development. Reno noticed a income lower of 6.4% to $56.2 million, and North Lake Tahoe was down 9.3% to 1.8%. South Lake Tahoe noticed an much more important drop, down 17.4% to $17.6 million.
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